Floating LNG technology has undergone a development, qualification and maturing phase over the past 15 years. The successful operation of the first units have demonstrated this technology is available as a reliable new monetisation technology. Especially the Liquefier FLNG Vessels have proven to be robust in operation and can be constructed at low costs with attractive execution schedules.
Since Q4 2018 Delfin has cooperated with Samsung Heavy Industries and Black&Veatch for the development of Newbuild FLNG designs. The parties successfully completed a pre-FEED study in the first half of 2019 and in parallel the partners have been developing a Term Sheet for a Lump-Sum, Turnkey Engineering, Procurement, Construction, Installation and Commissioning contract (“LSTK EPCIC”) for the construction and completion of the Newbuild FLNG Vessel. Delfin continued front-end engineering and design work with SHI and Black&Veatch and the partners completed FEED work in Q3 2020. Currently, the parties are collaborating with the aim to be ready with a fully-termed LSTK EPCIC contract for an FID in 2021. The Delfin Newbuild FLNG Vessel uses gas turbine driven technology and air-cooling for both liquefaction, process and utility cooling duties. The Company has also developed with Black & Veatch and SHI an electric-drive FLNG solution that can be used in locations where renewable electric power is available to reduce emissions from the LNG facility.
Through cooperation with partners Delfin LNG has as well a complete FLNG Vessel design based on a conversion concept. With a completed FEED design, this conversion FLNG is an alternative solution for the Delfin project.
Both the Newbuild and the Conversion FLNG Vessels are designed with the PRICO liquefaction technology and have nameplate capacities up to 3.5 MTPA.
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